The Trader

The Big Three Run Out of Oxygen

Inflation jitters sends stocks tumbling. Is worse coming?

THERE'S AN OLD SAYING IN THE MARKET: IT DOESN'T MATTER until it matters. Last week, all the negatives that investors had ignored as the stock market soared in the past four months suddenly seemed to matter.

The price of gold has climbed 69% over the past year, and silver is up 104%, but it wasn't until last week that equity...